What factors cause the fall in price of Bitcoin?

[bdsharminsoltana]

Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

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[ahmad21]

Not one, but there are many factors that affect the prices of these volatile crypto coins. Moreover, the FUD that media creates in the minds of the people., creates panic throughout the community and leads to a disturbed atmosphere. Such kind of panic is completely disgusting for everyone else in the community. So now your question what causes the fall in the price of the bitcoin...the exact reason cannot be predicted, because price changes is the result of various market factors affecting the BTC price, so you cannot just fix responsibilty on one stupid reason!

[Pursuer]

none of these are exactly cause of any meaningful size drop. usually the panic sells are only contributing to part of the drops ins small percentages but the drop itself is initiated for other reasons. and all of these things will only be a factor for short term not the long term. for long term the demand is still there driving the price upwards and it will be like this as long as there is increasing demand.

[tomahawk9]

Panic selling is what draws the price of Bitcoin so down to the drain.

Depending on how bing the panic selling is, it could only affect the price by very small margins, in the long-term, panic selling doesn't actually cause the price to drop. Besides, we're at the point where the market got rid of a high % of panic sellers so there's no fear that they'll tank the price in the future.

The news of a hacked exchange site, 

Depends on which exchange got hacked. For instance, if a korean exchange got hacked (something that's been happening very frequently this year), it would hardly have an effect on the market. The story would be very different if a big exchange like Bitstamp or Bitfinex got hacked since they're among the big exchanges in the cryptosphere.

false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc.

Most of time they're nothing FUD and they hardly create the effect wanted by the malicious people behind them since the market doesn't seem to care about negative or positive news at this point.

[Tytanowy Janusz]

none of these are exactly cause of any meaningful size drop. usually the panic sells are only contributing to part of the drops ins small percentages but the drop itself is initiated for other reasons. and all of these things will only be a factor for short term not the long term. for long term the demand is still there driving the price upwards and it will be like this as long as there is increasing demand.

Agreed. Demand is increasing each day. Bitcoin is simply usefull. In japan you can go shoping with bitcoin wallet only. Its also usefull as store of value in hard crysis times. Knowing that the average life expectancy for a fiat currency is 27 years i fill more confortable holding BTC with part of my portfolio. But we dont know where is price based on actual real world demand. How manny on invesotrs bought BTC during bull run only to speculate on it and will drop it as soon as they get bored of stable price or will dump it as soon as btc will drop below 5k. Perhaps real world damand will hold BTC at 5k$ or 2k$ or 500$ but surelly will. And increasing demand will push it up and up creating next bull run and bubble. But its long term vision.

[Xiahouyuan]

The main reason for the change in bitcoin price is purchasing power, but purchasing power is affected by many aspects such as news media and whales!

[Capt00]

Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

Panic selling and other causes that you have said are not totally the mainstream of dropping crypto, that is the outcome of big whales work. Whales are repeatedly doing their works just to pull down the market drastically because they know that their strategy used is most profitable to them and that case followed by the demand and supply were bitcoin price either up or down.

[el kaka22]

Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

Whales are the biggest cause. The price falls down when more people sell than the number of people who buy.
For that to happen we need to have couple stuff, when for example whales buy shorts they need the price to go down which means we will have the price going down from all the pressure sell from whales.

Another one is miners, miners do sell their coins to cover the expenses and frankly just take more profit however if they stopped selling the price would go up. This is the reason why people believe during 2020 halving the price will be really high because miners will not be making that much money. Basically if the sellers have a reason to sell than the price will go down, if we can keep the sellers from selling for a reason than we can get the price higher.

[aqila baruroh]

negative news, this is one of the factors that can make bitcoin prices fall. and negative news can also make investors panic sell, and this makes things worse.

[WinslowIII]

Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

This is a normal correction from a massive bull run and I am very surprised and impressed it has held above $6k to date. Since it's doing so much better than I would have thought, I'm starting to think maybe I'm wrong about sub $4ks next year.

[Question123]

Many factors why bitcoin still dropping the value. And I think most of the reason is the panic seller who are selling their bitcoin even they not get back their capital. We can do a lot of factor to pump again bitcoin not to drop.

[YuginKadoya]

There are so many given factor here in the forum that makes bitcoin price fell down, panic selling is a common thing if there are people spreading FUD around the internet and most holders would just believe that certain negative news,

The banning of certain countries sometimes doesn't have a huge impact well it will depend on what country ban bitcoin if that country doesn't have much attention with bitcoin and there are just a small portion of people that hold bitcoin within it there is nothing to worry with the price because it would just slightly fell, But the issue of hacking has certainly a huge impact on the price, with the recent news of over a billion USD of amount of bitcoin that have been hack in an exchange made a huge crumble on the price, And back then the speculated floor for bitcoin had been penetrated,

And lastly, certain factor for the price to fall a huge sum that is not in your list was when whales would sell their bitcoins or exchange them to other currency this is something that will make the value of bitcoin shrink to a huge sum, Because sometimes not only 1 but a large scale of whales would just sell their bitcoin,

[solarion]

negative news, this is one of the factors that can make bitcoin prices fall. and negative news can also make investors panic sell, and this makes things worse.

The negative news are spread by media but real reason for price dump is big whales are sell at continuously in the market so market was turn to oppositely. It is directly affect the many crypto investers and many new investors are stay away in suddenly so market was move to backward. Bitcoin is the only ruling community so once it was automatically others also move backward. But we have still chance to recover everything, legalisation of Bitcoin and adoption of many industries is best way to improve the Bitcoin demand so all the causes are forgot suddenly and all are move to positive response in Bitcoin.

[Febo]

What factors cause the fall in price of Bitcoin?

The only factor that causes price of Bitcoin to decrease is lack of demand. Supply is higher then is demand at the price that was in past so price drooped and supply and demand evened at lower price. No we wait that demand comes back so price moves o t higher level.

[WinslowIII]

What factors cause the fall in price of Bitcoin?

The only factor that causes price of Bitcoin to decrease is lack of demand. Supply is higher then is demand at the price that was in past so price drooped and supply and demand evened at lower price. No we wait that demand comes back so price moves o t higher level.

Nah, if supply was higher than demand then price wouldn't be stable for 3 months. Try again.

[pooya87]

the only reason for the last drop that bitcoin had in the initial 4 months of 2018 was the rise that it had in 2 months starting from December 2017 which basically was from $10k to $20k rise.

in other words we had a big and fast rise which led to a bubble and that bubble needed bursting. but unfortunately bitcoin being bitcoin when the bubble burst happened and price was corrected the panic sell didn't stop there and with the help of manipulation and other marginal markets and futures the price was pushed lower and lower until it reached the bottom 6 months ago and stayed there as the panic sell shrank away and the weak hands were flushed. and now we are at an underpriced state with a stable price for the past 2.5 months.

[MuffinMaster]

Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

Mainly it was overpricing at that time, but also coming from all over the world news of government restrictions for using Bitcoin helped a lot in dump the price. We can not forget also about Facebook's ban on cryptocurrency ads, and that right after FB, this same made Google, Twitter, and Snapchat. In my opinion, that are the main reasons of panic in the cryptocurrency market.

[Febo]

What factors cause the fall in price of Bitcoin?

The only factor that causes price of Bitcoin to decrease is lack of demand. Supply is higher then is demand at the price that was in past so price drooped and supply and demand evened at lower price. No we wait that demand comes back so price moves o t higher level.

Nah, if supply was higher than demand then price wouldn't be stable for 3 months. Try again.

His questions were not what happened in last 3 months. His question was what caused the fall in price of Bitcoin. I did answered him that and I also answered what will cause the increase of price.

[gilangIDR]

Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

Yes, that is the main factor in the decline in Bitcoin prices. The tremendous panic experienced by Bitcoin users because there is a statement about banning the use of Bitcoin so that the price of Bitcoin decreases. This is unavoidable because the price of Bitcoin is strongly influenced by the demand factors in the market.

[Flor1982]

Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.

All of these are indeed true and we called it bearish market in which when the people will panic and will lose interest to invest in Crypto currencies then it will make the real demand for Crypto currency investment to decrease. Hopefully the market will bounce back now so that the bullish market will take over making the people confidence of investing will come back again.